Overview of Enzeruhaimu Oomori Minami Daini (エンゼルハイム大森南第２)
Enzeruhaimu Oomori Minami Daini (エンゼルハイム大森南第２) is a 27-year-old condominium located at Ootaku Oomori Minami 3 Choume 23-8 (大田区大森南3丁目23-8), Tokyo, Japan. Built in 1999, it comprises 56 units in a Reinforced Concrete (RC) structure. It was constructed by Azeru (アゼル).
Pricing & Floor Plans
Based on 29 past listings, prices have ranged from 2,180〜5,080万円 (approx. $145,333–$338,667 USD at ¥150/$).
Unit sizes range from 53.7–62.3 sqm (578–671 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥71.9万/sqm (approx. $4,796/sqm or $446/sqft).
Location & Neighborhood
The property is located at Ootaku Oomori Minami 3 Choume 23-8 (大田区大森南3丁目23-8), Tokyo, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 56 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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